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The National Helium Reserve, also known as the Federal Helium Reserve, is a strategic reserve of the United States, which once held over 1 billion cubic meters (about 170,000,000 kg) [a] of helium gas. The helium is stored at the Cliffside Storage Facility about 12 miles (19 km) northwest of Amarillo, Texas, in a natural geologic gas storage ...
By 1995, a billion cubic meters of the gas had been stored, but the reserve was US$1.4 billion in debt, prompting the Congress of the United States in 1996 to phase out the reserve. [14] The resulting "Helium Privatization Act of 1996" [15] (Public Law 104–273) directed the United States Department of the Interior to empty the reserve. [16]
On Thursday, the U.S. government sold the Federal Helium Reserve, ... 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us.
The Federal Helium Reserve was supposed to be sold off in 2021. Scientists hope it will remain in government hands. ... 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium ...
Helium storage and conservation is a process of maintaining supplies of helium and preventing wasteful loss. Helium is commercially produced as a byproduct of natural gas extraction. Until the mid-1990s, the United States Bureau of Mines operated a large scale helium storage facility to support government requirements for helium.
September 9, 2024 at 9:10 AM. (Reuters) - The global demand for helium is likely to nearly double by 2035, backed mostly by a rise in demand from the semiconductor industry due to the lack of ...
The Helium Privatization Act of 1996 is a United States statute that ordered the US government to sell much of the National Helium Reserve.The United States 104th Congressional session passed the Act of Congress presenting the legislation to the United States President on September 30, 1996.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium support please call: 800-290 ... where a Texas-based federal helium reserve is dwindling as the government tries ...